Step awayyy from the 'buy' button. Within my first few months, I had reg'd $$$'s worth of domains and I can see now that 80% of those were absolute tosh.
Read as much as you can. Forum after forum, blog after blog. Research what other domains have sold at (dnsaleprice.com and dnjournal.com etc). Look on
sedo et al, to see what domains are actually selling for.
Stay away from Estibot/Valuate etc.
I
do believe that there are good names out there to be registered. I have a 4 page word doc full of half decent available names (6 to each line) that I plan to reg and sell, or develop over time. I suggest you do the same. Don't feel in such a rush to reg them as soon as you find them. Give yourself a few days (or weeks) to think about them. They'll most likely still be there (Don't come after me if they're not

).
Also, whilst there
are people who make a killing selling .co.uk's - I don't have a great deal of faith in them. Dot Coms are where the money is, imo.
Good luck. It's a lot of fun

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